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Lord Bilimoria

Talks with drinks giant Diageo over taking a 30% stake in Cobra Beer ended last August when the two disagreed on a valuation. It was a blow to the expansion plans of Cobra founder Bilimoria, 47. Now a crossbench peer in the Lords, he launched Cobra in 1990, supplying Indian restaurants in the UK. We value the business at £120m, putting Bilimoria's stake at £80m.